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Discover Introduces New Credit Card Designs Chosen by Students

Riverwoods, IL, Sept. 6, 2018 – Two new card designs voted on by students are now available. The new designs—Frenchie—a fierce French Bulldog wearing aviator sunglasses—and Iridescent—a lustrous splash of pastel hues—were the winners of a poll that asked students to vote for their favorite of six unique designs.

“Card designs are one way for cardmembers to define themselves and express their individuality,” said Emina Dautovic, senior marketing manager at Discover. “We are continually looking for ways to tailor our products toward our customers’ wants and needs, including by providing an array of card designs that speak to their unique styles.”

Frenchie and Iridescent are available to both new and existing Discover cardmembers and can be ordered online or by calling 1-800-DISCOVER.

Discover it® Chrome for Students features 2 percent cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter, automatically.1 Discover also offers the Discover it® Student Cash Back that features 5 percent cash back at different places each quarter like gas stations, grocery stores, restaurants or Amazon.com, on up to $1,500 in combined purchases each quarter, when activated.

Both cards offer unlimited 1 percent cash back on all other purchases, as well as the Good Grades Reward—a $20 statement credit each school year for students with a GPA of 3.0 or higher for up to the first 5 years2. Additionally, all Discover credit cards offer no annual fee3 and Cashback MatchTM for new cardmembers, an unlimited dollar-for-dollar match of all the cash back they earn at the end of their first year4.

About Discover Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. It operates the Discover Global Network comprised of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in 190 countries and territories. For more information, visit www.discover.com/company.

1You earn a full 2% Cashback Bonus on your first $1000 in combined gas and restaurant purchases each calendar quarter. Calendar quarters are defined as the three-month periods beginning January 1, April 1, July 1, and October 1. Gas and restaurant category purchases over the quarterly cap, and all other purchases, earn 1% cash back. Gas and restaurant purchases are those made at merchants classified as gas stations and full service restaurants, cafes, cafeterias and fast-food locations. Purchases coded in categories other than these, including purchases made at warehouse clubs, wholesale distributors, and discount stores, will not qualify. Purchases made using Near Field Communication (NFC), virtual wallets, or similar technology may not be eligible. Rewards are added to your Cashback Bonus account within 2 billing periods.

2Good Grade Reward only available to new cardmembers on or after 7/23/2015 who indicate on their application that they are currently enrolled in college, and whose accounts are current and remain open when the Good Grade Reward is requested. Students with a Discover it® or Discover it® Chrome card who have a GPA of 3.0 or higher (or equivalent) during a School Year (September - August) may apply at Discover.com for a $20 statement credit ("Good Grade Reward"). This will be applied to your account within seven (7) business days. One Good Grade Reward per School Year, per account, up to a maximum of five (5) consecutive years from the date your account is opened. Terms of Good Grade Reward Offer are subject to change.

4Only from Discover, as of July2018. No purchase minimums. After the first 12 consecutive billing periods that your new account is open, we will match all of the cash back rewards you've earned and apply them to your account in the following one or two billing periods. If your account is closed or no longer in the cash back reward program at the time we calculate your potential award, your cash back will not be matched. You've earned cash back rewards when they have posted to your account by the end of the 12th consecutive billing period. This promotional offer may not be offered in the future.